Intel, Trump and stock
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Just days ago, Trump called for Lip-Bu Tan’s firing. Now he’s praising the Intel CEO’s ‘amazing’ success story, suggesting that tensions are easing.
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Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.
Intel CEO Lip-Bu Tan is set to visit the White House Monday after President Trump called for his removal last week over ties to Chinese businesses, according to people familiar with the matter.
In a potentially dramatic shift for corporate America and U.S. industrial policy, the Trump administration is actively considering a plan to buy a direct stake in Intel, one of the world’s largest and most strategically important chipmakers and the recent target of fierce criticism from the president himself.
Sticky inflation be damned. Investors expect the Federal Reserve to cut interest rates by a quarter of a percentage point in September.
Intel CEO Lip-Bu Tan is set to visit the White House on Monday after President Trump called for his removal last week over ties to Chinese businesses. Tan is expected to have a wide-ranging conversation with Trump,
White House press secretary calls Democratic whistleblower testimony about Adam Schiff allegedly approving classified leaks against Trump a bombshell.
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MarketBeat on MSNIntel's White House Reset: From Political Storm to a Clearer Sky
A multi-day rally for Intel Corporation (NASDAQ: INTC) this week has pushed shares back toward the $22 level, with a surge of over 5% on August 11 that continued to August 12. This newfound momentum in Intel’s stock price was not driven by a new product or an earnings beat.